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The Nano Foundation has launched a legal fund to provide support to victims of the hack at cryptocurrency exchange BitGrail in February.

Lionel Gikonyo's insight:

"The Nano Foundation has announced it will sponsor a legal fund to provide all victims of the hackof cryptocurrency exchange BitGrail with equal access to representation and pursue their legal interests associated with BitGrail’s insolvency, according to a Nano Foundation blog post April 9."

"Italy-based cryptocurrency exchange Bitgrail announced that it promises to refund Nano (XRB) tokens stolen in a February hack amounting to $195 mln, so long as users sign an agreement to forgo any legal action, Bitgrail announced March 14."